Riga-based Unitoq raises €155K in pre-seed to make real estate investment more accessible

Latvian proptech startup Unitoq has successfully secured €155,000 in pre-seed funding from a group of business angels, including members of the Latvian Business Angel Network (LatBAN). Established in 2026 by Eduards Raudonis and Nikita Manija, Unitoq is building a platform that enables individuals to invest in residential properties starting at €100, with potential returns from rental income and property value growth.

Traditionally, investing in residential properties demands substantial initial capital, mortgages, and managing tasks such as tenant handling, upkeep, and administrative duties. Alternative investment options, like real estate funds, may provide limited insight into specific properties and allocation. Unitoq tackles these obstacles with a digital platform that enables users to choose individual residential properties for investment.

Properties undergo vetting before availability, and seasoned professionals manage tenant handling and maintenance. Investors can earn a portion of rental income and potentially profit from property value increases, while tracking their investments' performance via the platform. Unitoq's founders emphasize that owning a rental property has historically generated wealth for generations, but the high entry barrier and management burdens deter many.

By offering a straightforward method to build a diversified real estate portfolio through a smartphone, Unitoq broadens access to this wealth-building opportunity. The company is currently pursuing a license from the Bank of Latvia under the EU's European Crowdfunding Service Providers (ECSP) Regulation, enabling Unitoq to provide its services to investors across the European Union.

The platform is slated to launch in early 2027, pending regulatory approval. Over 1,000 individuals have already registered for a waitlist. The newly acquired funds will support Unitoq's licensing process, platform release, and the establishment of its first investment properties. Additionally, the company is preparing for an upcoming seed funding round.